Condé Nast will continue to lay off employees as it slashes its budget and reduces print issues across many titles, according to a report today from WWD.
Teen Vogue will stop printing its five annual issues and focus on growing its digital properties instead. Online traffic grew by 250 percent in two years, an effort led by Phillip Picardi, digital director for Teen Vogue and Allure, and Elaine Welteroth, Teen Vogue editor in chief.
Condé Nast spokespeople declined to comment about the changes.
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